If there is a 20% chance we will get a 16% return, a 30% chance of getting a 14% return, a 40% chance of getting a 12% return, and a 10% chance of getting an 8% return, what is the expected rate of return?

A) 12%
B) 13%
C) 14%
D) 15%

Answer: B

Business

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Indicate whether the statement is true or false

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Competition affects companies in all of the following ways EXCEPT ________

A) forcing them to deliver customer satisfaction B) forcing them to improve their products C) forcing them to aggressively promote their brands D) forcing them to lower their prices E) forcing them to increase their production levels

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